Loblaw Companies Limited · TSX:L
Loblaw Companies — Q3 2015 Earnings Presentation
8 slides from Loblaw Companies's earnings presentation, Nov 18, 2015
Slide 1: Q3 2015 Supplementary Slides
Q3 2015 Supplementary Slides November 18, 2015 1
Slide 2: Forward-looking Statements
Forward-looking Statements This presentation for Loblaw Companies Limited (“Loblaw” or “the Company”) contains forward-looking statements about the Company’s objectives, plans, goals, aspirations, strategies, financial condition, results of operations, cash flows, performance, prospects, opportuniti
Slide 3: Key Financial Metrics – Consolidated – Q3 2015
Key Financial Metrics – Consolidated – Q3 2015 Consolidated Revenue $13,946M, +2.6% Consolidated Adjusted EBITDA $1,022M, +2.1% Consolidated Adjusted Operating Income $709M, +6.0% Adjusted Basic Net Earnings Per $0.99, +10.0% Common Share Net Efficiencies Achieved (Food Retail) Supply Chain, Admin a
Slide 4: Key Financial Metrics – Retail Segment – Q3 2015
Key Financial Metrics – Retail Segment – Q3 2015 Total Retail Revenue $13,715, +2.5% Retail Revenue – Food Retail (Loblaw) $10,178, +1.9% Retail Revenue – Drug Retail (Shoppers Drug Mart) $3,537M, +4.4% $3,603 (+3.7%); 26.3% (+30bps) Excluding the negative Retail Adjusted Gross Profit and Margin imp
Slide 5: Key Operational Metrics – Food Retail (Loblaw) – Q3 2015
Key Operational Metrics – Food Retail (Loblaw) – Q3 2015 Food Retail Same-Store Sales +3.1% (ex Gas Bar (+90bps) and the negative impact of a change in the distribution model by a tobacco supplier (+90bps); Growth including these items food retail comp SSS was +1.3% ) Basket Size Increased Traffic F
Slide 6: Key Operational Metrics – Q3 2015
Key Operational Metrics – Q3 2015 Drug Retail (Shoppers Drug Mart) Pharmacy Sales $1,699M, +3.6% Pharmacy SSS +3.5% # Rx Dispensed (Rx Count) +4.2% (+4.4% on same store sales basis) Average Rx Value -0.2% Generic Penetration 64.7% (vs. 63.1% Q3 2014) Front Store Sales $1,838M, +5.2% Front Store SSS
Slide 7: Adjusted Debt by Segment
Adjusted Debt by Segment Consol. & $ Millions Q3 2015 Retail PCF REIT (a) Elim. Bank indebtedness $ 243 $ 243 $ - $ - $ - Short term debt 580 - 580 - - Long term debt due within one year 1,344 579 464 301 - Long term debt 9,760 5,906 1,220 7,147 (4,513) Trust Unit Liability 810 - - - 810 Capital sec
Slide 8: Adjusted Debt
Adjusted Debt Adjusted Debt at Acquisition $11,060 $1.5B Choice Properties REIT Monetization 1,500 Repayment of Term Loan (2,271) ($1,065) 4.85% MTN Matured and Repaid (350) Other 56 Year End 2014 Reported Adjusted Debt $9,995 Net Term Loan Repayments* (619) Net Repayments on REIT Credit